On the 29th, major U.S. cryptocurrency exchange Coinbase released its financial results for the third quarter ending September 30. The company's share of global cryptocurrency trading volume, as calculated by Coinbase, reached 10.7%, doubling from the previous year.
This expansion in share marks the fourth consecutive quarter of growth, with increases in both spot and derivatives trading. The company attributed this growth to the demand for stablecoins and the diversification of trading into perpetual futures, futures, and options.
Profit and loss...